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Sunday Dominion Post in Morgantown, West Virginia

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Articles on This Page

This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Sunday Dominion Post

Location

Morgantown, West Virginia, United States of America

Date

Sep 17, 1967

Page

14

West German Uses Plastic For Lumber Cork Leather

West German inventor Thomas Engel of Offenbach Heusenstamm wins a patent for the Engelit process to make foam plastic lumber cork and leather substitutes. Phillips Petroleum licenses the method with Fisher Price as first American user. the process allows inexpensive molds and recyclable scrap.

Washington Thomas Engel Offenbach- Heusenstamm Phillips Petroleum Company Bartlesville Oklo Phillips Fisher Price Toys, Inc East Aurora N. Y

Active Trading Spurs Upward Market Trend

New York Over-the-Counter and American Stock Exchange saw gains last week with the OTC index 35 up to 337.10 and the AMEX index up 51 cents to 22.08. Volume surged to 26,046,380 shares as profit taking cooled Friday gains. Kellwood rose on strong profits, Yoo Hoo jumped on a Pepsi venture, and Commonwealth Development advanced on a metal fabrication deal for low cost aluminum housing.

New York American Stock Exchange National Quotation Bureau Kellwood Corporation Sears, Roebuck & Co Yoo Hoo Chocolate Beverage Corporation Pepsi Cola Commonwealth Development and Construction Company Commonwealth Jpiy Gr L Invest Group Peoples Assoc Philand Bar Orion of Securities Sh Pilarm Dealers Inc Dow Th Select Pine St Rexel Vor Pioneer Inv Res Aberdr Istel Fd Puritan Keyston Putnam FD Rep Tech Revere Axe Houghton Lorage Lyr Loomis Sayles Op Inc Franklin Op Lite Sted S&g Rye Mayhen Sted Am Zthanning Fds Fnk BP Moss Fd Stein Stein Roe Fds Nk Ur Mass Fnk Stein St Grwth Fund Am Mid Am Stein Inv Moody We Ss Jad Gem Inc Mrte Telev Ee Ciem F Ince Tmolin Aeroso MIF Gth Co Fa Mut Shrsie United Funds Coil Grth Ful Ad Accu NEA Mr i Incom Grvohn Nat Ws Scien Balan Val Inc Horace Como Coe Viking Inc Nat Wst Cory Ec Od Inc Fa Fr Fat Tees Corp Td Ind New Wid Whithl Crivy Ind Am . Tees Neas Wndsor Own Www Fr Winfld Woscon Ornh Bos Penn Se

No Tax Hike Possibility Spurs Market From Sleep

NY stock markets rallied last week as traders priced in the possibility Congress would delay or avoid tax increases. The Dow gained about 25 points as blue chips led the rise while inflationary pressures and a growing money supply fueled hopes for a new boom in 1968. Congressmen returned from recess wary of public support for higher taxes despite official backing for the surtax plan.

New York Congress House

Mills Signals Tax Rise Uncertain as Deficit Contingent

Rep. Wilbur Mills urged deferring a tax increase until inflation and economic problems are confirmed. He warned a $29 billion deficit could require spending cuts and tempers a tax rise. Markets saw mixed signals as Fed chair Martin promised to ease credit next year.

Wilbur Mills D-Ark Mills Wall Street William McChesney Martin Jr Federal Reserve Board Martin Fed

Auto Accord Is Far Away

DETROIT AP The United Auto Workers and Ford Motor Co agreed they are at least a week away from addressing the main issue behind the nationwide strike. Ford idled 93 plants in 25 states and warned of a long strike as negotiators met for a brief bargaining session. They planned non economic talks next week, postponing the key money issue.

Detroit API United Auto Workers Ford Motor Co Ford

New York Times Business Activity Index Dips to 293.5

The New York Times weekly index shows business activity at 293.5 last week, down from 299.6 the prior week and below the 298.5 level from a year ago. The table lists the index and its components, all adjusted for long-term seasonal trends.

New York New York Times

Byron Phillips Leads New York Life Agents in West Virginia

Byron E. Phillips of 323 Watts St. was New York Life Insurance Company's leading agent in West Virginia for August. Don Van Camp, general manager of the Wheeling General Office, notes Phillips has been a Morgantown representative since 1949 and a consistent member of the company's leading agents clubs.

Byron E. Phillips Watts St New York Life Insurance Company West Virginia Don van Camp Wheeling New York Life Morgantown Phillips

Also Mentioned on This Page

Lyle Horton Lyle Horton Ford Sales, Inc Walter J. Oben Ford Division Great Lakes Pittsburgh Mountain View Inn Greensburg New York Times News Service Engel Chicago Edwin S. Sinaiko Sinaiko Atlantic Research Corporation Alexandria J. Lightsey Wallace Jr Electronics and Communications Dresser Industries, Inc Tulsa Okla Gilbert Swift Vurtual Funds Thomas E. Mullaney N. T. Times Financial Editor New York Times Vs Service Business and Labor Porary Johnson U. S Federal Communications Commission American Telephone and Telegraph Company Auto Accord Y. Times Index Byron Phillips Robert R. Rector High St W. Va State Farm Insurance Companies Bloomington Limos CY —Prmecmaps OF America Ornvestors Investors Diversified Services, Inc Mutual Funds Investors Syndicate of America Lamont C. Morton Fairmont W. V Bratadas Mustangs Consumer Credit Department Morgantown, West Virginia Member Federal Deposit Insurance Corporation F.gm Full Servicr Bank
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